1,653 Shares in Discovery Inc Series C (NASDAQ:DISCK) Purchased by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC acquired a new stake in shares of Discovery Inc Series C (NASDAQ:DISCK) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 1,653 shares of the company’s stock, valued at approximately $42,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc grew its stake in shares of Discovery Inc Series C by 2.9% in the third quarter. Vanguard Group Inc now owns 34,110,873 shares of the company’s stock valued at $1,008,999,000 after acquiring an additional 973,820 shares in the last quarter. KBC Group NV grew its stake in shares of Discovery Inc Series C by 11.4% in the fourth quarter. KBC Group NV now owns 40,941 shares of the company’s stock valued at $945,000 after acquiring an additional 4,201 shares in the last quarter. Advisors Asset Management Inc. grew its stake in shares of Discovery Inc Series C by 1,198.9% in the fourth quarter. Advisors Asset Management Inc. now owns 14,768 shares of the company’s stock valued at $341,000 after acquiring an additional 13,631 shares in the last quarter. Rhumbline Advisers grew its stake in shares of Discovery Inc Series C by 0.3% in the fourth quarter. Rhumbline Advisers now owns 599,480 shares of the company’s stock valued at $13,836,000 after acquiring an additional 1,595 shares in the last quarter. Finally, TD Asset Management Inc. grew its stake in shares of Discovery Inc Series C by 7.6% in the fourth quarter. TD Asset Management Inc. now owns 107,094 shares of the company’s stock valued at $2,472,000 after acquiring an additional 7,578 shares in the last quarter. Institutional investors own 56.60% of the company’s stock.

DISCK has been the topic of a number of analyst reports. Zacks Investment Research downgraded shares of Discovery Inc Series C from a “hold” rating to a “sell” rating in a research note on Monday, February 18th. TheStreet upgraded shares of Discovery Inc Series C from a “c” rating to a “b” rating in a research note on Tuesday, February 26th. Finally, BidaskClub downgraded shares of Discovery Inc Series C from a “strong-buy” rating to a “buy” rating in a research note on Thursday, March 14th.

Discovery Inc Series C stock traded up $0.29 during trading hours on Thursday, reaching $27.50. 100,881 shares of the stock were exchanged, compared to its average volume of 2,930,596. The company has a market capitalization of $14.17 billion, a price-to-earnings ratio of 13.05 and a beta of 1.34. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.45. Discovery Inc Series C has a twelve month low of $21.99 and a twelve month high of $31.55.

Discovery Inc Series C (NASDAQ:DISCK) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.04. The firm had revenue of $2.71 billion for the quarter. Discovery Inc Series C had a net margin of 9.00% and a return on equity of 20.10%. On average, sell-side analysts expect that Discovery Inc Series C will post 4.09 earnings per share for the current year.

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About Discovery Inc Series C

Discovery, Inc operates as a media company worldwide. The company operates through two segments, U.S. Networks and International Networks. The company owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science Channel, MotorTrend, Food Network, HGTV, Travel Channel, TVN, DIY Network, Cooking Channel, Discovery Family Channel, American Heroes Channel, Destination America, Discovery Life, Discovery en Espanol, Discovery Familia, Great American Country, the Oprah Winfrey Network, Eurosport, Discovery Kids, DMAX, and Discovery Home & Health brands, as well as other regional television networks.

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Institutional Ownership by Quarter for Discovery Inc Series C (NASDAQ:DISCK)

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